DTCC Advocates for Interoperability in Tokenized Securities Market

DTCC's Global Head Nadine Chakar has positioned interoperability as the cornerstone of the depository's approach to tokenized markets. During a virtual forum, Chakar emphasized rejecting walled-garden models in favor of seamless asset movement across blockchains. "We're not building walled gardens," she stated, framing interoperability as the ability to transfer assets between chains "without risk or extra expenses."

The comments signal DTCC's intent to collaborate with institutional players while navigating a landscape where North Korean cyberattacks have siphoned billions from crypto projects. Chakar noted traditional messaging protocols may become obsolete as blockchain fragmentation accelerates—with new LAYER 1 chains emerging daily.

This follows DTCC's recent signaling about expanding tokenized securities across multiple chains. The depository appears to be threading the needle between innovation and risk mitigation, acknowledging both the potential of decentralized infrastructure and the operational hazards of an unregulated environment.